A profit-maximizing competitive firm uses just one input, x.Its production function is q = 8x1/2.The price of output is 16 and the factor price is 8.The amount of the factor that the firm demands is:
A profit-maximizing competitive firm uses just one input, x.Its production function is q = 8x1/2.The price of output is 16 and the factor price is 8.The amount of the factor that the firm demands is:
A.10
B.22.63
C.64
D.48
正确答案:64